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О долгах

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Точнее, об американском долге.

…U.S. lawmakers are wrangling over spending cuts and budget reforms as they seek an agreement to increase the $14.3 trillion debt limit before Aug. 2, the date on which the Treasury Department said it will have exhausted its borrowing authority.

The U.S. debt issue is becoming “horrendously dangerous,” said Greenspan, who added he doubts lawmakers have another year or two to solve it.

After leaving the Fed, the former chairman founded the consulting firm Greenspan Associates and became a consultant or adviser to Deutsche Bank AG, Pacific Investment Management Co. and Paulson & Co., a hedge-fund firm that profited from the collapse of the U.S. subprime-mortgage market.

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